borro Introducer offers incentive to first-time brokers

borro Introducer is the intermediary arm of borro.com, the short-term lender whose short-term funding facility is based on lending for any purpose purely against customer assets, such as cars, property or other valuable items.

The bonus is worth £500 on the first case where the loan is over £1000.

According to Paul Brett, business development director at borro Introducer, intermediaries have been quick to grasp the opportunity that borro’s unique approach to funding represents.

He said: “Our incentive bonus is to show how serious we believe the intermediary market is to our plans. It was clear from talking to brokers at Expo that they could see the potential to be able to offer clients any purpose short-term funding based not on a subject property but on any asset on which we can establish a value. The process is quick and simple and funds can usually be advanced within 24 hours and because the funding is not dependent on income, it is totally non status and does not require credit checks.”